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- Proximity Is Power
Tony Robbins famously said, “Proximity is power.”
In your journey to Financial Independence, the role of proximity cannot be overstated.
This principle holds true in all forms of life—especially real estate investing. The people you spend time with greatly impact your success. If you're around ambitious, goal-oriented people, you'll likely adopt similar habits and attitudes.
And vice versa.
When you are surrounded by complainers, people who are afraid to take risks, and put down others for being ambitious, you become like them. The key is to move towards people you want to be like.
Today, I want to give you some tips to gain more power through proximity.
1. Choose your circle wisely
Being in GoBundance changed my life.
It opened me up to people and opportunities that I never could’ve imagined. I was intentional about who I spent time with once I saw that this world existed.
Seek those with an ambitious drive. The people who want to house hack. People who want to take down a 48-unit apartment building. Business owners.
Since you are an investor and entrepreneur reading this newsletter, you don’t want to be around the people who half-ass their 9-5, hit the bar after, and don’t take care of themselves or their finances.
2. Be clear in your objectives
Define clear, specific goals for where you want to go personally and financially. This dictates your actions.
When I was in my early-mid 20’s, my goal was financial freedom as fast as possible. While it took years to get there, I knew that was my objective so all of my actions were geared towards it.
If I wasn’t clear on the goal of financial freedom, I wouldn’t have gotten there so fast because I would’ve been going in a different direction.
3. Learn from the best
Success leaves clues.
Some millionaires may have taken 10 years to become a millionaire. Since I learned from what they told me, their mistakes, and their lessons, I was able to become a millionaire quicker than them.
Find mentors like I did. You find them by being in the right rooms by following steps 1 and 2.
Go to local real estate or business meet-ups, listen to podcasts, and then follow up with them on social media (which is how I got connected with GoBundance), and make it known that you are a real estate investor looking for a community because others can help you find it.
I started FI Investors because I learned from the best and because of it, I am now in the position to help others.
4. Act on their advice
Just because I was around the GoBundance guys didn’t automatically make me successful.
I took action on everything they told me to do.
If someone you want to be like gives you an action item, like reading a book, listening to a podcast, doing this thing…you must do it. If you don’t, they won’t be as open to mentoring you.
When I was in the rooms with those GoBundance guys, I was a sponge.
I absorbed and listened to everything they did. Then, I went out and did it myself.
The more I took action on their advice, the more willing they were to give me more action items, connect me with the right people, and give me other opportunities I never would’ve anticipated.
Podcasts of the week:
We didn’t have one this week, but here are a couple popular ones you might’ve missed:
6 more ways to keep learning with FI Investors:
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